Marcus & Millichap - Tri Borough Multi-Family

79-18 Roosevelt Avenue

79-18 Roosevelt Avenue
, Queens
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Price: $2,200,000
Building Size: 2,200 Square Feet
Property Type: Mixed-use
Exclusive Listing Team:
Matt Fotis
Tel: 212-430-5206
Matthew(dotted)Fotis(at)marcusmillichap(dotted)com
Tyler Schadt
Tel: 212-430-5207
Tyler(dotted)Schadt(at)marcusmillichap(dotted)com
INVESTMENT OVERVIEW:

Marcus & Millichap is pleased to offer 7918 Roosevelt Avenue, located between 79th and 80th Street in the Jackson Heights section of Queens. The subject property is a two story mixed use building that consists of two 1-bedroom apartments and one retail unit. The property is built 20 ft x 55 ft and sits on a 20 ft x 100 ft lot with approximately 2,200 gross square feet. The property is zoned C2-3/R6 (Block: 1490, Lot: 9)

This property offers investors, developers, and owner-users the opportunity to capitalize on the strong mixed use market occurring on Roosevelt Avenue in the Jackson Heights section of Queens, New York. The property is currently vacant as there was a fire in the building roughly one year ago. Renovations throughout the property will be required before the spaces can be occupied. This is an opportunity for investors to configure the spaces to their preference.